Maslife, the financial and well-being banking app for customers and corporates, has today announced a seed capital raise of £3m.
The investment brings Maslife’s total funding to just over £5m. The capital will support the company’s global growth ambitions, broaden and accelerate product development and develop its proprietary technology further.
They are looking to recruit up to 50 new staff members across their existing offices in London (headquarters), Munich, Marbella and soon Monaco – giving them the capacity to operate across the whole of Europe.
This equity financing raise comes as Maslife scales to launch its innovative platform following strong demand and a successful soft launch.
Founded in 2019 by Kash Amini, a passionate serial entrepreneur and former trader, Maslife is built on the principle that our health and wellbeing are intrinsically linked and can help customers better manage their finances and achieve a healthier and wealthier lifestyle.
Founder, Kash Amini commented on the latest investment round saying: “Attracting this investment demonstrates the belief in our app and shows it’s a solution that people are yearning for. By integrating wellness into a banking platform, Maslife is defining a new category of fintech and all at a touch of a button. By offering highly secure, trusted, and personalised solutions to build financial freedom and embed a mindful mindset, we are empowering customers with all the tools they need to manage their health and wealth.
“The impact of a global pandemic and all the social and economic restrictions it brought, has driven wellness and general health to the forefront. Maslife is in a unique position to provide that peace of mind when it comes to health, wellness and finance. With a strong European presence and expert team at the helm, we are very excited to watch Maslife grow from strength to strength.”
Maslife is set to launch fully in Spring 2021.